The report presents and critically justifies a new marketing performance measurement system for a leading e-commerce platform Shopify Inc.
The system includes ten metrics (i.e., KPI’s) which are then used to understand and predict company marketing performance. Among them are key metrics as Monthly Recurring Revenue and Gross Merchandise Volume, which allow the company to track the financial success of Shopify and its merchants.
Based on the analysis of metrics’ data, the author presents recommendations such as increasing marketing spending in the Shopify Partners network, expanding to other markets, and improving customer service.
Utilised data is based on public databases, marketing company press releases and annual reports. Theory and arguments are supported by various marketing research and other academic marketing literature (see references section).